Overall PLBC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PLBC is a bad performer.
Besides having an excellent technical rating, PLBC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 46.93. Right above this resistance zone may be a good entry point.
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38.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.38 to 43.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.21 from a horizontal line in the daily time frame.
- A support zone ranging from 39.30 to 39.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @46.93 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PLBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLBC is up. |
| ChartMill Relative Strength | 38.15 | NEUTRAL | PLBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.71 | NEUTRAL | The RSI value for PLBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PLBC has a negative trend. |
| Stochastics (14,3) | 53.32 | NEUTRAL | The Stochastics value for PLBC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for PLBC suggests low volalility. |
| Average Directional Index/ADX (14) | 38.33 | POSITIVE | The high ADX value value for PLBC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.94 | 45.02 | 1.92 (4.09%) | 24.45% |
| An entry @46.94. This is a Buy Stop order right above the resistance zone. | An exit @45.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.92 points, which is 4.09%. | When investing 24.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
46.13
+0.83 (+1.83%)
PLUMAS BANCORP / PLBC FAQ
What is the technical rating for PLBC stock?
ChartMill assigns a technical rating of 7 / 10 to PLBC.
Can you provide the trend direction for PLUMAS BANCORP?
The current trend direction for PLUMAS BANCORP (PLBC) is Bullish.
What is the RSI signal for PLUMAS BANCORP (PLBC) stock?
PLUMAS BANCORP (PLBC) has an RSI value of 57.7061. This indicates that the stock is currently neutral.
What is the MACD signal for PLUMAS BANCORP (PLBC) stock?
The MACD indicator for PLUMAS BANCORP (PLBC) has a value of -0.0777382, indicating a bearish trend.
Can you provide the support and resistance levels for PLUMAS BANCORP?
PLUMAS BANCORP (PLBC) has a support level at 43.74 and a resistance level at 46.93. Check the full technical report for our detailed analysis of PLBC support and resistance levels.